Google Inc. (NASDAQ:GOOG) world’s leading search engine has decided to take another step above information retrieval into grocery delivery.
The latest service, coded as Google Shopping Express, will at the start offer same-day delivery of food and other products purchased online by a small group of users in San Francisco and suburbs situated south of the city. The firm, located in Mountain View, Calif., did not motioned how much market would be part of the trial.
If the test program performs well, Google Inc. intends to stretch delivery service to other zones.
We anticipate that this would assist users discover the advantages of a local, similar day delivery service, and aid us to run the engine on the latest service, Google reported in a Thursday statement.
Google Inc (NASDAQ:GOOG) ended lower by -8.47 points or -1.06% to complete the day at 749.19. The total number of shares changed hands during the day was 2.29 million. After opening at $803.99, the stock hit as high as $805.37. However, it traded between $556.52 and $844.00 over the last twelve months.
Discounter giant Wal-Mart (NYSE:WMT) intends to lure superior earning buyers through its e-commerce segment in its continuing battle with Amazon (AMZN), the Financial Times reported, mentioning the Wal-Mart’s CEO of e-commerce as stating that they possess what they have, and they were following what they do not have.
Wal-Mart Stores, Inc (NYSE:WMT) closed yesterday at $74.83, a 0.07% increase. Around 7.37 million shares were traded, beating an-average trading volume of 9.56 million shares. The company is now valued at around $255.77 billion.
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